As with so many companies/business models proclaimed dead, I would hazard a guess that it's not dead yet. Too many people have invested too much in the concept

As with so many companies/business models proclaimed dead, I would hazard a guess that it's not dead yet. Too many people have invested too much in the concept for there to be no attempt to modify the execution while retaining the overall premise. Bidding? Fluctuating discounts a la travel sites? Lower caps on the number of coupons offered? Existing in a different economy, elsewhere in the world? Someone out there believes in arbitrage so strongly that they believe they can make money for themselves while lowering prices for consumers and creating long-term benefits for business owners. Although I've unsubscribed from Groupon and haven't been excited by some other companies' recent efforts in the daily deal space, I would actually celebrate a successful and ethical daily deal company.